LONDON, Dec 15 (Reuters) - European equities bounced back on
Tuesday from sharp declines in the previous two sessions as
energy stocks tracked higher crude oil prices and steel makers
gained following a European Commission move on Chinese and
Russian steel imports.

The market was also supported by a rally in some French
firms, but German chipmaker Dialog Semiconductor
slumped 6 percent, dragging down peers such as ARM,
after Dialog slashed its revenue guidance.

The STOXX Europe 600 Oil and Gas index rose 3.4
percent, the top sectoral gainer in Europe, after oil rose
following its lowest in nearly 11 years. BP, BG Group
and Royal Dutch Shell rose 2 to 3.5 percent.

"A short-term reversal of the decline in oil prices that
began on Monday and continued through Tuesday has relieved the
pressure on stock markets," Jasper Lawler, analyst at CMC
Markets, said.
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